78 Comments

Im from Karnataka .I have a factory where i do 90% jobwork and 10% of other works such as turning/welding/fabrication work.My turover is less than 2 cr. I have registered under GST and got my certificate.

Hi Sir, I am planning to open a provision and general store next two weeks, I will get my rental agreement shortly n will be applying for Trade license n other statutory licenses too shortly. how do i register for gst.Secondly, does tally have a complete system- pos software linked to material mgmt and accounting,audit etc. i would be interested instead of handling multiple softwares for various things.apprecitiate your reply n guidance in advance.Thank you!

Hi Sir, I am planning to open a provision and general store next two weeks, I will get my rental agreement shortly n will be applying for Trade license n other statutory licenses too shortly. how do i register for gst.Secondly, does tally have a complete system- pos software linked to material mgmt and accounting,audit etc. i would be interested instead of handling multiple softwares for various things.apprecitiate your reply n guidance in advance.

We are Traders in Textiles. Our Goods come under a particular Trade Name used by Supplier in Bulk Quantity then we sell it under different Trade Name in Small Quantity. Do we have to use the same HSN for our Trade Name as used by the supplier?

I am a freelancer exporting services to international clients. However, I do not have any business registered in my name. Now as GST will mandatorily apply in my case (which wasn’t so, earlier), can I register for GST without having a business? Or do I need to register my business first?

Also, let’s say I apply for registration of a sole proprietorship firm. In that case, I need to give my GST details (service tax earlier) to register, which I don’t have.

I HV an additional place of business which is shown as sales office and all business activities, from keeping stock to selling ,are done from that place. Should I mention both addresses, ie,Principal & additional place in my sale invoice. Additional place is mentioned in the GST migrationWhich of my addresses is mentioned by my suppliers in their tax invoice, keeping in mind, all the activities are supposed to be done at additional place and which is also place of receiving interstate supplyfrom other states.Pl. Help

Good article, but most of things are already there at the ground level i.e. Professional CAs and Cost Accountants are well aware/// with a Sales n Distribution point of view ,Small time retailers and Wholesale Distributors have many other pain points, like, what will be the treatment of Opening Inventory as on 1st July 17 ( Starting point of GST),,, etc… Further, Suggest tally to find ways to develop better connect with Small time to Middle level Bizmen i.e. winning GTM strategy they need… I believe Tally will have to play bigger role nationally during Great GST regime….

what are the records to be maintained by composite dealers ?i read in some blogs that detailed records is not to be maintained by them so can you mention the recordswhether it can be maintained manually ?

As given in the table in our blog, accounts of input tax, tax payable and stock of goods are not required to be maintained by composition tax payers. All the remaining accounts are to be maintained. Accounts can be maintained manually.